Baltimore Checkbook

Baltimore-area home sales, prices continue to rise...

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The Baltimore-area housing market is still on a roll. The median sales price of a home in the Baltimore rose 4.8 percent to $262,000 in May, reaching the highest figure for the month since 2008, according to data released Friday by ShowingTime RBI based on listing activity from MRIS. At the same time, home sales increased 15.1 percent year-over-year to 3,715 in May, the 22nd consecutive month of an increase in the Baltimore area and the best for the month of May in a decade. Single-family detached…

76 million Americans are struggling financially

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Wages are finally rising. Unemployment is the lowest it’s been since 2007. Inflation remains muted.



from http://www.wbaltv.com/money/76-million-americans-are-struggling-financially-or-just-getting-by/39992938

Free $49 Amazon Prime Student membership for...

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College-bound kids can get a free six month trial of Amazon Prime Student program.

Sign up with an .EDU email to get free two-day shipping, save on living essentials and textbooks along with unlimited photo storage. Plus, upgrade to one-day shipping for $3.99. After the trial ends, students can…

Renaissance Harborplace Hotel completes $4.5...

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The Renaissance Baltimore Harborplace Hotel has wrapped up $4.5 million worth of renovations to event, meeting and dining spaces. The project, an investment from the hotel’s ownership group, Sunstone Hotel Investors, began last summer and a majority of the work wrapped up in January. John Tiffey, director of hotel sales, said the focus was on public areas and geared toward the business travelers the property hosts. The theme of the renovations, “Moonlight in the Harbor,” inspired the aesthetic…

8 things you need to know this morning

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Happy Friday! It’s going to be another beautiful day today — no rain in sight and temperatures in the 80s all day. If you’re looking for something to do this weekend (what looks to be a dry couple of days, as well) the annual Honfest starts Saturday in Hampden to celebrate everything Baltimore. Here are eight things you need to know to get your day started. The trial of Officer Caesar Goodson Jr. continued Thursday in the death of Freddie Gray, who died in police custody last year. Prosecutors…

U.S. oil companies ready to pump more as prices...

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Everyone wants to know: is this oil rally to $50 a barrel legit or another false start like last year? The answer to that big question could lie in the Permian Basin, the West Texas oil play, where drillers can squeeze out profits even at low prices.



from http://www.wbaltv.com/money/us-oil-companies-ready-to-pump-more-as-prices-rise/39979660

House passes Puerto Rico rescue bill

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Relief for Puerto Rico is near.



from http://www.wbaltv.com/money/house-passes-puerto-rico-rescue-bill/39986496

Dave Dombrow rejoins Under Armour as chief design...

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Dave Dombrow will return to Under Armour Inc. — three months after he left to take a position with Nike. Dombrow began working at Under Armour (NYSE: UA) in 2010. In March, he left his position as senior vice president of creative footwear and accessories to take a position with Nike. Now, Dombrow will return to Baltimore as Under Armour’s chief design officer, beginning Aug. 1. Before leaving Under Armour, Dombrow helped develop Golden State Warriors guard Stephen Curry’s first signature…

Tenable Network Security looking for new CEO

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Tenable Network Security Inc., a fast-growing Columbia cybersecurity company, is searching for a new CEO that will help it expand globally, the company said Thursday. Ron Gula, the company’s founder and CEO, has stepped down to become chairman. He’s giving up the day-to-day operations of the company to focus on Tenable’s long-term strategy and the hunt for a new CEO, officials said in a statement. “It’s a natural progression for high-growth software companies tackling massive markets to proactively…

Stonewood Business Center in Howard County sells...

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A four-building, low-rise warehouse complex in Columbia has sold to new investors for $19.6 million. The Stonewood Business Center, that spreads out across 150,000 square feet, was recently sold by an affiliate of the Stanford Cos. to J2J LLC, officials said Thursday. Two of the buildings in the complex were built between 1983 and 1985. Two other buildings were added in 2009 — the same year the original buildings were renovated. The complex, located at 7165 - 7195 Oakland Mills Rd., has eight…